-Ex-benefit depicts a stock that is trading without the value of the accompanying benefit portion. The ex-benefit date or "ex-date" is the day the stock starting points trading without the value of its next benefit portion.

-Normally, the ex-benefit date for a stock is one work day before the record date, inferring that a monetary supporter who buys the stock on its ex-benefit date or later will not be able to get the articulated benefit. Rather, the benefit portion is made to whoever guaranteed the stock the day going before the ex-benefit date.

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